BBEM vs. FDEM ETF Comparison

Comparison of JPMorgan BetaBuilders Emerging Markets Equity ETF (BBEM) to Fidelity Targeted Emerging Markets Factor ETF (FDEM)

BBEM

JPMorgan BetaBuilders Emerging Markets Equity ETF

BBEM Description

The fund will invest at least 80% of its assets in securities included in the underlying index. The underlying index is a free float adjusted market capitalization weighted index which consists of equity securities from emerging countries or regions.

Grade (RS Rating)

Last Trade

$52.44

Average Daily Volume

17,936

Number of Holdings ^*

* may have additional holdings in another (foreign) market

FDEM

Fidelity Targeted Emerging Markets Factor ETF

FDEM Description

The investment seeks to provide investment returns that correspond, before fees and expenses, generally to the performance of the Fidelity Targeted International Factor Index℠. The fund invests at least 80% of its assets in securities included in the index and in depository receipts representing securities included in the index. The index is designed to reflect the performance of stocks of large- and mid-capitalization developed international companies that have attractive valuations, high quality profiles, positive momentum signals, lower volatility than the broader developed international equity market, and lower correlation to the U.S. equity market.

Grade (RS Rating)

Last Trade

$25.73

Average Daily Volume

31,140

Number of Holdings ^*

* may have additional holdings in another (foreign) market

Performance

Period	BBEM	FDEM
30 Days	-4.65%	-3.18%
60 Days	-1.50%	-0.98%
90 Days	-1.63%	-1.44%
12 Months	12.28%	16.27%

11 Overlapping Holdings

Symbol	Grade	Weight in BBEM	Weight in FDEM	Overlap
BABA	D	2.24%	1.37%	1.37%
BCH	C	0.06%	0.38%	0.06%
BIDU	F	0.29%	0.64%	0.29%
CHT	C	0.16%	0.57%	0.16%
LPL	D	0.03%	0.03%	0.03%
PDD	F	0.92%	0.85%	0.85%
TCOM	B	0.41%	0.32%	0.32%
VALE	F	0.44%	0.28%	0.28%
VIPS	F	0.06%	0.1%	0.06%
WIT	B	0.12%	0.17%	0.12%
YUMC	C	0.21%	0.18%	0.18%

BBEM Overweight 24 Positions Relative to FDEM

Symbol	Grade	Weight
HDB	C	1.38%
IBN	C	0.95%
KB	B	0.3%
SHG	C	0.24%
UMC	F	0.21%
BEKE	D	0.18%
LI	F	0.16%
BAP	A	0.15%
BGNE	D	0.13%
ABEV	F	0.12%
XPEV	C	0.1%
TME	D	0.09%
NIO	F	0.08%
ASAI	F	0.08%
YMM	C	0.07%
GGB	C	0.06%
SKM	C	0.06%
BILI	D	0.06%
KEP	B	0.05%
TAL	F	0.05%
SBSW	D	0.04%
CSAN	F	0.03%
ATAT	C	0.02%
IQ	F	0.01%

BBEM Underweight 2 Positions Relative to FDEM

	Symbol	Grade	Weight
	ATHM	C	-0.5%
	MNSO	D	-0.09%